The mining body and backer of a nascent green steel industry has lauded the Federal Government’s call to earmark $750 million for lower-emissions projects, and says iron ore miners should be first in line.
Simone Grogan
Threats of job losses, uneven rosters and a growing reliance on labour hire firms were all major factors that pushed WA Rio Tinto workers into union arms, an expert has declared.
Adrian Rauso
Eighteen people have reportedly died since June 2023 building a massive iron ore mining complex in West Africa for Rio Tinto and its joint venture partners.
The iron ore industry’s nightmare of re-unionisation is closer to reality after the majority of Rio Tinto workers at a large Pilbara mine voted in favour of a collective bargaining agreement.
An aspiring iron ore miner backed by billionaire financier Robert Friedland is stirring up investor support for what could be the largest Australian Securities Exchange-listing this year.
Fortescue’s stock has been shredded by growing fears of a massive cut in Chinese steel production, but one broker reckons the doom and gloom is ‘overdone’.
Mineral Resources’ biggest shareholder behind Chris Ellison is keen to see the company get a new chair by the end of June, while seemingly remaining a supporter of Mr Ellison staying on as boss.
A major Mineral Resources shareholder and Chris Ellison cheerleader is continuing to double down on its investment in the floundering miner and mining services provider.
Rio Tinto has greenlit a $US1.8 billion ($2.84b) spend to extend a mine in the West Pilbara amid a cost-cutting drive across the mining giant’s sprawling iron ore network.
More problems have been piled onto Mineral Resources’ creaking balance sheet after credit ratings agency Fitch downgraded the miner’s repayment score.
Mineral Resources was alerted to haulage risks on its troubled Onslow Iron road months before a spat of truck rollovers rang alarm bells about driver safety along the crucial 148km stretch of infrastructure.
Daniel Newell
A dispute over who is an ‘engine driver’ has sparked a dire warning from the resources peak body that the Mining and Energy Union is trying to bring militant east coast-style tactics to the Pilbara.
Katina Curtis
WA mining magnate Andrew Forrest now has another feather in his cap after making the cover of Time magazine.
A share price spike before Fenix Resources announced it would absorb a Mark Creasy-controlled iron ore junior has caught the attention of Australia’s corporate cop.
The share market operator has taken the unusual step of asking Mineral Resources why it failed to warn investors its half-year financial results would be as bad as they were.
Good news in the west but bad news in the east for the Big Australian has marked the latest leg of an escalating war with the unions.
A mix up between two local energy heavyweights in the wake of a $1.8 billion deal has enabled Fortescue to stake ground across WA’s north after a ‘torturous’ legal fight.
JACKSON HEWETT: Our big miners are all feeling the heat as profits are slumping. So what’s next for Australia’s largest economic driver?
Jackson Hewett
A local resources lobby group reckons the Federal Government’s multi-billion-dollar cash splash for South Australia’s imploding steel industry should be funnelled towards WA instead.
Rio Tinto chief executive Jakob Stausholm has foreshadowed further job losses in WA this year as gross profit margins at the miner’s key Pilbara iron ore operation get squeezed from both ends.
A mercurial Trump administration and election uncertainty at home have forced Fortescue to delay two hydrogen projects, as weakening iron ore prices eat into the miner’s profits.
A Pilbara Aboriginal corporation compensation claim hits $1.83b amid claims of new evidence about Andrew Forrest meeting.
Neale Prior
Having put its shares into a trading halt on news the steelworks had gone into administration, the group late on Wednesday said it had postponed the release of its results due on Thursday.
Sean Smith
Chris Ellison urged MinRes shareholders to move on from his various misdeeds, refused to rule out maintaining strong links to the firm he founded, and contradicted a past statement he made.
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